Gold & Silverbeta

December 11, 2012

The definitive group for discussing all things related to the precious metals

A resourceful community for those who hold, plan to purchase, or are helplessly infatuated with gold & silver

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By davefairtex on Wed, Dec 17, 2014 - 10:25pm

PM Daily Market Commentary - 12/17/2014

True to form, the FOMC provided lots of volatility; gold closed down -6.10 to 1189.20 on moderately heavy volume, while silver rose +0.03 to 15.75 on moderate volume.  The publication of the meeting statement caused gold to oscillate in a $30 price band before deciding to close lower.  Silver did somewhat better, having a more positive bias going into the meeting.

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